Market research

Corn oil and fractions market in Oceania

$Corn oil and fractions market in Oceania$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Oceania" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Solomon Islands

Fiji

New Caledonia

Vanuatu

Papua New Guinea

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

American Samoa

Cook Islands

French Polynesia

Niue

Pitcairn Islands

Tokelau

Tonga

Tuvalu

Wallis and Futuna Islands

Samoa

Earlier Report Observations

The corn oil market in Oceania grew substantially in 2019, reaching 5 228 t after starting at 4 342 t the previous year. This upward trajectory reversed over the following two years, with the market volume contracting to 3 770 t in 2020 and then to 2 870 t in 2021.

A rebound in market volume took place in 2022, rising to 3 241 t. The market then stabilized in 2023 at 3 164 t, marking a slight adjustment from the prior year.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Oceania
  1. 5.1.1. Annual dynamics of production in Oceania in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production corn oil and fractions in Oceania

In kind, 2017-2020, t

Top producers of corn oil and fractions, 2017-2020

Source: SHEV.io

World map of production of corn oil and fractions, 2017-2020

Source: SHEV.io

Oceania's production of corn oil and fractions saw a two-year period of growth before declining. In 2019, output reached its peak at 2 798 tonnes, marking a significant 9.6% increase. However, by 2020, production had fallen to 2 499 tonnes, representing a notable year-over-year decline of 10.7%.

Annual dynamics of production in Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.5%	9.6%	(10.7%)	(0.6%)

Source: SHEV.io

In value, 2017-2020, K $ US

Corn oil and fractions production in Oceania experienced a two-year upward trend before turning downward. In 2019, the value peaked at 5 077 thousand US dollars, with a substantial 15.5% increase. By 2020, output had dropped to 4 159 thousand US dollars, down 18.1% from the previous year. Over the entire 2017-2020 period, production grew by 5.1%, averaging an annualized rate of 1.7%.

Annual dynamics of production in Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.1%	15.5%	(18.1%)	1.7%

Source: SHEV.io

Exports corn oil and fractions from Oceania

Exports in kind, t

Export volumes showed considerable volatility, reflecting an unstable market environment. In 2018, deliveries hit their lowest point at just 59 tonnes, marking a 33.6% decline. By 2020, exports surged to 716 tonnes, a dramatic 339.9% increase compared to the previous year. Overall, volumes varied by a factor of 12.1 between the 2018 low and the 2020 high.

Annual dynamics of product's exports from Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(33.6%)	175.6%	339.9%	100.4%

Source: SHEV.io

Between 2017 and 2020, Vietnam and the Philippines emerged as the primary markets for Oceania's corn oil and fractions exports in volume terms, together accounting for 57.5% of total shipments.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Export values exhibited significant fluctuations during this period. In 2018, they reached their minimum at 102 thousand US dollars, declining by 26.5%. By 2020, exports had jumped to 1 192 thousand US dollars, a remarkable 303.5% increase over the previous year. Values varied by a factor of 11.7 between the 2018 low and the 2020 high.

Annual dynamics of product's exports from Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.5%)	190.6%	303.5%	105.0%

Source: SHEV.io

From 2017 to 2020, Vietnam and the Philippines were the leading buyers of corn oil and fractions from Oceania in value terms, together comprising 65.8% of total export revenue.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in value, 2017-2020

Source: SHEV.io

Imports corn oil and fractions to Oceania

Imports in kind, t

Oceania's imports of corn oil and fractions in volume terms showed a downward trend. In 2018, imports hit their lowest point at 1 846 tonnes, with a sharp 30.7% decline. They rebounded in 2019, increasing by 40.4%, but fell again in 2020 to 1 987 tonnes, down 23.4% from the previous year. Over the 2017-2020 period, imports decreased by 25.4%, averaging an annual decline of 9.3%.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(30.7%)	40.4%	(23.4%)	(9.3%)

Source: SHEV.io

Between 2017 and 2020, Malaysia, Spain, and South Africa were the main sources of corn oil and fractions imports to Oceania in volume terms. Malaysia accounted for 42.9% of imports, Spain for 27.9%, and South Africa for 6.2%, together making up 77.0% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Import values in Oceania followed a declining pattern. In 2018, they reached their minimum at 2 417 thousand US dollars, falling by 31.1%. After a 29.1% increase in 2019, values dropped to 2 672 thousand US dollars in 2020, down 14.4% from the previous year. Over the 2017-2020 period, imports decreased by 23.8%, with an annualized decline of 8.7%.

Annual dynamics of product's imports to Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(31.1%)	29.1%	(14.4%)	(8.7%)

Source: SHEV.io

From 2017 to 2020, Malaysia, Spain, and South Africa remained the key partners for Oceania's corn oil and fractions imports in value terms. Malaysia contributed 43.4% of import value, Spain 25.9%, and South Africa 5.4%, together accounting for 74.6% of total import spending.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in value, 2017-2020

Source: SHEV.io